Grenke AG (WBO:GLJ) Forward PE Ratio

: 10.98 (As of Today)

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Grenke AG's Forward PE Ratio for today is 10.98.

Grenke AG's PE Ratio without NRI for today is 13.07.

Grenke AG's PE Ratio for today is 12.46.

Grenke AG Forward PE Ratio Historical Data

The historical data trend for Grenke AG's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grenke AG Annual Data

Trend

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

27.86

18.83

15.65

9.22

11.44

10.57

Grenke AG Quarterly Data
	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	27.86	15.13	34.36	10.62	18.83	15.60	26.25	17.12	15.65	12.82	15.55	9.03	9.22	15.53	16.29	9.51	11.44	11.04

Competitive Comparison

For the Credit Services subindustry, Grenke AG's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Grenke AG Forward PE Ratio Distribution

For the Credit Services industry and Financial Services sector, Grenke AG's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Grenke AG's Forward PE Ratio falls into.

Grenke AG Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Grenke AG (WBO:GLJ) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Grenke AG Forward PE Ratio Related Terms

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Grenke AG (WBO:GLJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (WBO:GLJ) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

0R97:UK GLJ:Germany

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial-services company that, under a franchise model, provides operational infrastructure, the licensing of the group's name to contracted parties, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include Leasing, Banking, and Factoring. The Leasing segment produces the most revenue. GRENKE Bank's actions compose the banking segment, primarily including acting as the financing partner for SMEs. The Factoring segment includes mainly small-ticket factoring services. The company operates primarily in Europe, with the most revenue coming from Ireland and Germany.

Grenke AG (WBO:GLJ) Headlines

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